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Bitcoin new-address count jumps to 330,000 as Coldcard exploit triggers wallet migrations

8/12/2026

On-chain data shows new Bitcoin addresses rose from 260,000 to 330,000, snapping a decline that had persisted for most of the year.

A security exploit linked to Coldcard, a Bitcoin hardware wallet, pushed users to move funds and produced the spike in fresh address creation.

What the numbers show The move to 330,000 new addresses marks the sharpest break in $BTC address creation reported this year.

New-address counts track how many distinct wallets enter activity within a given period, and the figure had been falling. Security-driven migrations inflate that count differently than organic demand does.

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